38111 ZIP Code – Memphis, Tennessee
ZIP code 38111 is a large ZIP code located in Memphis, Tennessee, within Shelby County with a population of approximately 42,322 residents. The median household income is $50,151 — below the Tennessee average and below the national average. The median home value of $149,300 is well below the national average, with 44.2% owner-occupied housing (decreasing). , with median rent coming in at $1,002 — near the national figure. Housing consists of 70% single-family (stable), 22% apartments (decreasing), 7% duplex/multi-family.
At 8.3%, the unemployment rate is well above the national figure. The poverty rate of 23.5% is well above the U.S. average. 37.8% of adults hold a bachelor's degree or higher, above the U.S. average. At 32.9, the median age is below the national figure. ZIP codes in the surrounding area include 38152, 38117, 38114.
ZIP Code 38111 Data
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ZIP 38111 vs. Tennessee vs. U.S.
| Metric | ZIP 38111 | TN Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 42k | 11k | 10k |
| Median Household Income | $50k | $60k | $73k |
| Median Home Value | $149k | $201k | $258k |
| Median Rent | $1,002 | $922 | $1,088 |
| Median Age | 32.9 | 42.7 | 43.2 |
| Unemployment Rate | 8.3% | 5.2% | 5.0% |
| Poverty Rate | 23.5% | 15.0% | 13.3% |
| Bachelor's Degree or Higher | 37.8% | 22.7% | 26.9% |
Demographics Charts
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Nearby ZIP Codes
- 38152 – Memphis
- 38117 – Memphis
- 38114 – Memphis
- 38112 – Memphis
- 38122 – Memphis
- 38104 – Memphis
- 38131 – Memphis
- 38132 – Memphis
- 38108 – Memphis
- 38118 – Memphis
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 38152 | MEMPHIS | 719 | Not provided |
| 38117 | MEMPHIS | 26,430 | $91,680 |
| 38114 | MEMPHIS | 22,112 | $29,492 |
| 38112 | MEMPHIS | 16,334 | $49,560 |
| 38122 | MEMPHIS | 24,014 | $45,065 |